Not all reverse mortgage calculators are created equal

What you need to know to choose best payment option

By Inman News Feed
Add Comment Add Comment | Comments: 2 | Posted Nov. 19, 2012

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Maximum Term Payment With Specified Cash Withdrawal

Yes

No

Future Loan Balances

Yes

No

Future Home Equity

Yes

No

Future Credit Line

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1. Anonymous said... on Dec 13, 2012 at 06:51AM

“Reverse mortgage loans can meet your retirement needs if you currently own a home. Like the name "Reverse mortgage" implies, instead of making payments to pay-off a mortgage a reverse mortgage makes payments to you. Reverse mortgage loans can provide you additional income in your retirement years which can improve you quality of life. To know more -

http://www.reversemortgagelendersdirect.com/reverse-mortgage-calculator/”

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2. Walter Brown said... on Jan 9, 2013 at 07:14AM

“Thanks for the calculator. I was looking for reverse mortgage loan calculator.
Calculator is free and easy to use. I am using this useful calculator.

http://www.reversemortgagelendersdirect.com/reverse-mortgage-calculator/

”

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